Hyderabad, Sep 7 - Indian Green Building Council (IGBC) is organising the seventh Green Building Congress Sep 10-12 in Hyderabad.

The theme for the current edition of the congress is 'affordable green buildings'. The meet is expected to bring together all stakeholders of the construction sector and provide a platform for deliberations on the way forward to make green buildings affordable.

A green building is one which uses less water, optimises energy efficiency, conserves natural resources, generates less waste and provides healthier spaces for occupants, as compared to a conventional building.

*-*

Nagarjuna Construction raises Rs.367.35 crore

Mumbai: Nagarjuna Construction Co Monday said it has concluded a qualified institutional placement (QIP) to raise Rs.367 crore.

The company has allotted 27.73 million equity shares of Rs.2 each at Rs.132.46, aggregating to Rs.367.35 crore to investors.

The QIP proceeds wil be utilised for squaring off short-term debt and new projects, said managing director A. Ranga Raju.

*-*

GM India wins award for safety systems

New Delhi: The Halol plant of auto manufacturer General Motors India has won the prestigious National Safety Award in the motor vehicles category, the company said in a statement Monday.

The annual award, instituted by the Directorate General of the Factory Advice Service and Labour Institute (DGFASLI) under the labour and employment ministry, aims to encourage accident prevention and safety promotion programmes.